$10,000 Closing Credit¹
#200318, Listing Office: West USA Realty Flagstaff
Property details
About 315 N Bonito St
Introducing a premier investment opportunity in the heart of downtown Flagstaff: a bundled portfolio featuring 601 W Dale Ave and 315 N Bonito St. This offering comprises three buildings housing a total of 12 spacious 2- and 3-bedroom units, delivering both immediate rental income and long-term appreciation potential. Property Overview Total Units: 12 (mix of 2- and 3-bedroom units) Total Buildings: 3 Combined Square Footage: Approximately 13,972 sq ft Lot Sizes: 601 W Dale Ave - 6,970 sq ft; 315 N Bonito St - 14,374 acres Year Built: 1966 (601 W Dale Ave), 1973 (315 N Bonito St) Prime Downtown Flagstaff Location Both properties are situated within walking distance to downtown Flagstaff, Northern Arizona University, and major employers. The neighborhood is known for its historic charm, tree-lined streets, and proximity to parks, schools, and public transportation. Investment Highlights Strong Rental Demand: The mix of unit sizes caters to a broad tenant base, including families, students, and professionals. Value-Add Potential: Opportunities exist to enhance property value through interior upgrades and modern amenities. Stable Income Stream: The properties' prime location ensures consistent occupancy rates. Unified Sale: Both properties are to be sold together, providing a substantial foothold in Flagstaff's rental market. Nearby Amenities Education: Flagstaff High School, Eva Marshall Elementary, San Francisco de Asis Catholic School Recreation: Thorpe Park, Flagstaff Urban Trail System Transportation: Easy access to public transit and major roadways
Highlights
Home typeDuplex
HeatingNatural Gas, Central
StatusActive
Year built1973
MLS #200628
Summary
- Heating: Natural Gas, Central
- List Price: $5,300,000
- Annual Tax Amount: $8,525
- Tax Year: 2024
- Directions: N Humphreys to E on Dale Ave to the corner of Dale & Bonito.
- Year Built: 1973
- MLS Number: 200628
- MLS Name: NorthernAZ
- Office Name: West USA Realty Flagstaff
- Office Phone: (850) 459-8900
- Office Email: gina@bedfellowsgallery.com
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Last updated on: 5/16/2025, 8:15:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,300,000
315 N Bonito St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $155,735 | $8,525 |
| 2022 | $117,665 | $8,003 |
| 2021 | $111,811 | $7,420 |
| 2020 | $110,829 | $7,218 |
| 2019 | $91,814 | $7,218 |
| 2018 | $85,555 | $6,789 |
History based on county public records data.
Nearby schools
4
Marshall Elementary School
Public District KG-5
0.3 mi
•850 N Bonito St
7
Sechrist Elementary School
Public District KG-5
1.4 mi
•2230 N Fort Valley Rd
3
Kinsey Inquiry and Discovery School
Public District KG-5
1.6 mi
•1601 S Lone Tree Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,293. Typical income of Flagstaff, AZ residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
46%
35k-100k
12%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
9%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
49%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Soccer
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Old Navy
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Jimmy Johns
What do the neighbors drive?
Ford
Kia
GMC
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 315 N Bonito St in Flagstaff, AZ and zip code 86001 in the Flagstaff Townsite neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 11, 2025 and is currently priced at $5,300,000.
While more than 9 listings in Flagstaff, AZ in April 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 42 were sold below. The inventory of homes for sale in Flagstaff, AZ between March and April 2025 increased by 14.6%. In April 2025 median list price was $718,300 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.